AgWeb

Machinery Pete: What’s Old Can Be New

In 2020 we made the switch to filming online auctions for “Machinery Pete TV.” Before COVID-19 we had never filmed an online auction. Because we couldn’t capture the auction chant and in-person ...
AgWeb

Machinery Pete: I’ve Never Seen This Trend Before

Over my 36 years of tracking auction sale prices, every time I’ve seen auction pricing jump significantly higher, it has always equated to strengthening conditions for new farm equipment sales — not ...
Post-Bulletin

30 years later, Machinery Pete still the most trusted name in farm equipment

If you know farming, you know Machinery Pete. For the (very) few not familiar, Machinery Pete ( MachineryPete.com) is the fastest growing and largest marketplace for used farm equipment, offering an ...
AG Week

Founder of Machinery Pete read the tea leaves for 'unbelievable' farm auction industry

ROCHESTER, Minn. ― Greg Peterson has been charting auction prices before they were accessible on the World Wide Web, and he's never seen anything like this. Due to a surge in online auction ...
AG Week

Machinery Pete says equipment industry is 'in major flux'

Greg "Machinery Pete" Peterson said auction sales of late model used large farm equipment have soared while prices have plummeted. He talked about the state of the industry at the Big Iron Farm Show.